Hi Guru's,
I have a query that I have certain amount donation to a religious Trust which is registered under section 12A.
I wanted to know how much exemption I can make it. There are many options coming up.
- 50% with qualifying limit
- 50% without qualifying limit
- 100% with qualifying limit
- 100% without qualifying limit
Which one I need to choose from above list. As far as i know I need to pick from option #1 and #2 but not sure which one exactly I need to choose.
Awaiting reply!!!
Thanks
Ankur